Section 1561 — Corporations Act 2001 (Cth)

Application of the Insolvency Practice Schedule (Corporations)

(1) Section 30‑1 of the Insolvency Practice Schedule (Corporations) applies in relation to liquidator return years that begin on or after the commencement day.

Meaning of liquidator return year

(2) In working out the liquidator return year for an old Act registrant under subsection 30‑1(2) of the Insolvency Practice Schedule (Corporations), “the day on which that registration first began”, means “the old Act registration day for that person (as defined for the purpose of Part 10.25 of this Act)”.

Annual statements under the old Act

(3) The repeal of section 1288 by Schedule 2 to the Insolvency Law Reform Act 2016 applies in relation to liquidator return years beginning on or after the commencement day.

Related sections

• s 1558 — Current conditions for old Act registrants—undertakings under the ASIC Act
• s 1559 — Old Act registrant registered as liquidator of a specified body corporate
• s 1560 — Old Act registrant chooses not to renew
• s 1562 — Notice of significant events
• s 1563 — Request for cancellation made before the commencement day
• s 1564 — Decision to cancel registration made before the commencement day

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